Re: What "Real" property is
Hello all-
It has always struck me that "real" is close to "regal", and look what I found on wikipedia:
"Real
Etymology 2
From Spanish real ?(“royal”), from Latin r?g?lis ?(“regal, royal”)."
So real estate is royal property, the king's or queen's property.
Then there is the description of real property as "immovable"... I think that is because the title never moves "out of state". Meaning they don't let go of it, and we only have right to use it.
Beneficial interest in a trust is considered personal property... so it seems there would be no interest in real estate by the beneficiaries.
Does this ring true to you?
Thanks--
Y
commonlawman.wordpress.com